The Federal Reserve&'s October rate cut is a foregone conclusion, and traders are starting to bet on a December cut.


the Federal Reserve will hold a monetary policy meeting on October 28-29, and the market generally expects that the overall situation of the Fed's rate cut in October has been determined. Polymarket shows that the probability of a 25 basis point rate cut by the Fed in October has reached 98%. At the same time, traders have started betting on a rate cut by the Fed in December, with Polymarket showing a 90% probability of a 25 basis point rate cut by the Fed in December.